360 S Lakeview Drive, Lake Helen, FL 32744

$1,250,000
4
BD
6
BA
3,684
SqFt

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List Price
$1,250,000
Status
ACTIVE
Days on Market
27
MLS#
V4950314
Subtype
Residential
Style
Split Level
Year Built
1988
Bedrooms
4
Bathrooms
6
Full Baths
4
Half Baths
2
Living Area
3,684
Lot Size
11,880
Acres
0.27
Subdivision
Lake Helen Blk 16
MLS Area Major
Lake Helen

Property Description

Prime Mixed-Use Investment Opportunity in the Heart of Lake Helen! Exceptional income-producing property situated on approximately one acre across three parcels. This unique investment features 2 commercial units and 4 residential rental units, all currently occupied, providing immediate cash flow with an average monthly income of approximately $6,500. Recent improvements include a new metal roof and fresh exterior paint, helping minimize maintenance costs. The property offers excellent visibility and is conveniently located near Lake Helen's downtown district, park, and horse arena, making it an attractive location for both commercial and residential tenants. This versatile mixed-use property presents an outstanding opportunity for investors seeking a fully leased asset with established income and long-term appreciation potential in one of Central Florida's most desirable small-town communities. Owner financing may be considered with an acceptable down payment and approved terms. Property Features: • Mixed-Use Commercial/Residential • Approximately 1 acre (3 parcels) • 2 Commercial Units • 4 Residential Rental Units • Fully Occupied • Average Monthly Income: Approximately $6,500 • New Metal Roof • Fresh Exterior Paint • 4 Bedrooms • 6 Bathrooms (4 Full, 2 Half)

Additional Information

Interior Features
Chair Rail
Exterior Features
Awning(s)
Financing
Owner Financing
Location
City Limits
Community Features
Community Mailbox, Golf Carts OK, No Deed Restriction
Property Description
Split Level
Zoning
BUSINESS
Appliances
Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
Awning(s)
Stories
2
Levels
Multi/Split
Roof
Metal
Foundation
Slab
Parking
Off Street, Open
Parking Features
Off Street, Open
Garage
1 Car Carport
Garage Features
Off Street, Open
Elementary School
Volusia Pines Elem
Middle School
Deland Middle
High School
Deland High
View
City

Listing courtesy of NEXTHOME REALTY PROS. 386-668-2626

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